Fair Value (Tables)

12 Months Ended

Jul. 31, 2011

Fair Value

Fair Value Of Outstanding Derivatives In Consolidated Balance Sheet

	At July 31,
	2011		2010
Asset derivatives recorded under the caption Prepaids and other current assets Foreign exchange contracts	$	945	$	807
Asset derivatives recorded under the caption Other assets Interest rate swap asset	$	—	$	4,590
Liability derivatives recorded under the caption Other current liabilities Foreign exchange contracts	$	1,470	$	2,127

Fair Value Of Financial Assets And Liabilities

	Significant Other Observable Inputs (Level 2)*
	At July 31,
	2011			2010
Forward exchange contracts – net liability position	$	(525	)	$	(1,320	)
Interest rate swaps – net asset position		—			4,590

          *Inputs to the valuation methodology of level 2 assets include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.